The discussion around the table explored how this approach could be applied to some of the challenges insurers face, and indeed some have already begun to.
News & Commentary
Illiquid assets have been gaining in popularity among insurers over the last couple of years. This has been a steady trend, not a headlong rush, but it is sufficient to start gently ringing the alarm bells at the Bank of England and the Prudential Regulation Authority.
French president Emmanuel Macron has given a major boost to the European Union’s drive to make sustainable finance a core element of all institutional investment strategies including Solvency II.
The UK media was generally optimistic after the agreement with the EU over a Brexit transition timescale. The Association of British Insurers (ABI) said they were pleased to see the Bank of England take a pragmatic approach to regulation during the implementation period regarding passporting rights in the UK.